i spoke to marketing representative in my flight school and she told it is the best time ever to start pilot training, then I spoke to a friend, ex-airline pilot and instructor and his answer was:
If flying is your passion, keep you PPL valid and you can buy cheap share in the aircraft and fly whenever you like. When you take £50k that you would need for flight training, this equates to 600-700 hours in single engine aircraft, probably 1000 hours if you get good deal.
On the other hand, if you go for flight training you will burn £50k in no time, get about 80 hours in your logbook and can join 600 Ryanair pilot above.
I believe that 600 pilot will be shed cos company needs new wannabes to work for free and buy Ryanair type-rating. Its all part of the business plan and generates good revenue.